treasury analyst - Green Bay, United States - Nicolet National Bank

Job Description

At Nicolet National Bank, our culture is centered around community banking, prioritizing the needs of our customers in all decision-making processes. Our Core Values are the foundation of our operations, driving our commitment to delivering excellent service to our customers. We strongly believe that every role within our organization plays a crucial part in our overall success. Creating an environment where our employees feel valued, respected, and supported is a top priority for us. With branches located in Wisconsin, Michigan, Minnesota, and Florida, we take pride in serving our local communities and positively impacting the lives of our customers. At Nicolet National Bank, we consider our people as our most valuable asset and are dedicated to their continuous growth and advancement.

The Treasury Analyst will be primarily responsible for managing data systems related to Asset-Liability Management (ALM), bank funding, interest rate risk management, and the ALCO process. This role will involve overseeing day-to-day cash operations and developing strategies for Nicolet Bank, offering opportunities for creative problem-solving in handling complex financial challenges faced by the organization and its departments.

As a Treasury Analyst, your responsibilities will include:

Reporting

• Assisting with monthly Treasury Reporting and preparing monthly & quarterly Asset-Liability Committee (ALCO) reporting packages to ensure compliance with treasury policy parameters.
• Supporting Financial Reporting activities such as annual budgeting, monthly forecasting, and management and financial reporting.
• Reporting on the results of ALM Stress Tests covering Liquidity, IRR, EVE, and Capital.

Documentation

• Aiding in the documentation, implementation, and monitoring of policies, procedures, and practices related to interest rate, liquidity, and funding risk.
• Developing documentation for modeling processes, data management, and enhancements to existing models.

Process Development & Data Management

• Implementing automated solutions for data collection and production of risk metrics and treasury reports.
• Conducting data querying, manipulation, transformation, and analysis on extensive datasets.
• Designing, building, and maintaining frameworks for producing summary risk information to be distributed to senior management, the board, and regulators.
• Utilizing system functionalities to enhance existing business processes (systems like ZM Financial, Vena Solutions, Excel, among others).

Analysis

• Evaluating and resolving issues and errors in systems to ensure data credibility and integrity.
• Developing analytical models to explain changes in asset and liability values, providing attribution and sensitivity analyses to drive performance.
• Conducting back testing of model assumptions to validate and enhance forecasting accuracy.
• Undertaking additional related duties as assigned.

Qualifications

• Holder of a Bachelor's degree in areas such as business, finance, accounting, business analytics, economics, or mathematics.
• 0-3 years of experience in finance, accounting, or data analytics.
• Preferably, some background in the banking industry.
• Capable of maintaining strict confidentiality.
• Strong skills in logic-based thinking, mathematics, reasoning, and decision-making.
• Able to formulate and execute basic to complex mathematical formulas and apply accounting principles for analysis supporting decision-making.
• Proficient in Microsoft Office tools, especially Excel and Power Point (experience in Tableau / SQL is a bonus).
• Familiarity with Bank Asset/Liability Management concepts and exposure to ALM systems like ZM Desk.
• Understanding of banking and financial markets, with the ability to review bank balance sheets and address key financial and interest rate risks.

The above descriptions provide an overview of the role's responsibilities and required skills, with the intent to showcase the general nature of the work being undertaken. They are not meant to be an exhaustive list of all duties and qualifications necessary for the position.

An Equal Opportunity Employer - Welcoming applications from Veterans and Individuals with Disabilities